Tony Abbott- Few answers on his Climate Change proposal - 7:30 report p1

Tony Abbott at a loose end to describe his climate change policy.

KERRY OBRIEN: You call it a money-go-round; I'll come back to the question for the last time. Is it really honest of you to paint that as a $110 billion tax that would be paid for by consumers, if it is, how do you justify it?

TONY ABBOTT: These are the Government's own figures, I can do no better than run on the Government's own figures.

KERRY OBRIEN: But there is nothing in your plan that acts as a serious disincentive for them not to keep building more polluting electricity generators.

TONY ABBOTT: Well, they can't increase their emissions intensity, because if they increase their emissions intensity, they'll face penalties, and we'll work with the sector to finalise the design of the penalties, but nevertheless they'll face penalties if they increase their emissions intensity.

KERRY OBRIEN: But they don't face penalties, if they continue to pollute at the same level.

TONY ABBOTT: Businesses as usual, look about business as usual is not going to cost them more, because we don't want to put their prices up. Look, these so called nasty big polluters are the people that keep the lights on. I mean, let's not forget how essential these people are to the business of daily life.

Category:

News & Politics

Tags:

• Tony
• Abbot
• Climate
• Change
• Kerry
• o'brien
• obrien
• seven
• thirty
• 7:30
• ABC

[TheTopBloke]

There is no climate change. There is no climate change. THERE IS NO CLIMATE CHANGE.

[kbbbb7]

@TheTopBloke hahahahahaha

[Dodger481]

Tony Abbott Kicks Ass! Go Tony Go!

[Soundgarden8497]

Tony Abbott is the only man who can save this country at the moment

[SvendBosanvovski]

@mcdazz2011 A well lit idiot? 

[shoallasoala]

your an idiot. You are questioning almost all the scientists in the world how stupid are you wont you just do something to help the future of this world? why cant anyone think of your child's future? i think that people who have over 10 years in this would know more than a fat ass who lies on the couch with no kids and nothing to do with his life so you want to fuck the world. YOUR A DUMB FAG!

[mcdazz2011]

@lmadigan1971 - (pt3). The thing about being in Opposition is that you can make a wide variety of claims, and never have to prove that any of them would have worked. This is especially so when Abbott and Hockey refuse to detail exactly what they would have done if they had been in Government. As it is, most economists have said that Rudd/Gillard did the right thing at the right time. We may not agree with that, but then, you and I weren't in the position where we had to make those decisions

[mcdazz2011]

@lmadigan1971 - (pt2). Even Abbott and Hockey are on record saying that they helped Australia through the GFC, but their argument has been to what extent. They have also admitted that they also would have had to spend money, but they refuse to detail how much and how they would have spent it. Ultimately, the spending of Rudd/Gillard wasn't as bad as the Liberals made out - money was wasted, but even Abbott admitted that was as a result of the speed that things had to be done.

[mcdazz2011]

@lmadigan1971 - interest rates can certainly be based on international factors, but they are also based on domestic factors. I've come across quite a few interesting articles about Howard's time as Treasurer - some of which paint him as an idiot, some paint him in a better light. The truth is probably somewhere in between. As for Rudd and Gillard, just remember, there was the GFC, and Australia came through it in pretty good condition. At a time when spending was needed, they did it (pt 1)

[lmadigan1971]

@mcdazz2011 Im talking about Rudd and Gillard

those two have wasted money and not improved a thing

Keating made some good reforms agreed

Interest rates are usually heavily based on international factors or at least that is my understanding

[mcdazz2011]

@lmadigan1971 - Just one? Too easy.

Back in the 80's, Keating launched a whole series of economic reforms that set Australia up for economic success.

Tony Abbott: "...and that was only possible because of the work of Keating in economic reform..."

That's a direct quote from some footage of Tony Abbott on YouTube.

Are you going to tell me Abbott is wrong?

By the way, Official Interest Rates under Howard's time as Treasurer peaked at 21% (housing rates were capped at a lower rate though).